Updated By: LatestGKGS Desk
Farmers can withdraw Rs.25,000 Traders draw Rs.50,000 per week
New relief policies declared by the Government of India for Farmers and Traders after Rs.500 and Rs.1000 note ban
Due to 500 and 1000 note ban, the lower income group is suffering a lot like farmers.
And for them Government has extended the withdrawal amount against crop loans.
Traders registered with APMC market can withdraw Rs.50,000 per week and accounts needs to KYC complaint
Government of India has decided to give permission to farmers to withdraw the amount up to the limit of Rs.25,000 and the amount would be paid by the banks either by cheque or credited to their bank accounts by RTGS account.
The Government of India has also decided to extend the time limit in crop insurance premium cases for next 15 days.
These relief policies would surely help the farmers to lessen inconvenience after 500 and 1000 note ban.
